Fair and reasonable redress for individuals and businesses who suffered losses from Swap mis-selling. The level of redress will vary with each case and will be determined by a committee who will review both documentation and customer statements. All compensation...

Just when Banks had thought the interest rate swap scandal had blown over, another courageous business has filed a £32 Million Pound Claim. Michael and Diane Hockin, husband and wife who are also in business together, have filed a £32 million pound claim against Nat...

The UK Government’s decision to re-privatise Lloyds Banking Group just before general election has led to public discussion of one more in the series of mis-selling scandals. The restructuring move by the government follows the transfer of the Banking Group to public...

The recent lawsuit against Barclays bank that was brought by the owner of a chain of care homes (Guardian Care Homes) has been dropped in favour of settlement. Prior to this news, Barclays had insisted that they would be defending themselves in court against the...

A high profile court case has been pending for a while, regarding Barclays and Guardian Care Homes. Guardian alleged that the bank mis-sold it two interest rate swaps that were worth £70 million. These were linked to Libor, the interest rate benchmark for pricing...

Critics of the compensation paid out by banks in the interest rate swap scandal are starting to question moves made by the Financial Conduct Authority (FCA). Critics charge that the FCA has rigged the game by allowing high street banks to be the final arbiter on which...